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U.S. crude oil flows to all destinations: U.S. crude oil exports record remarkable rise destined to Korea

In the second week of November, freight rates for crude oil tankers remained firm with slight signs of a downward correction. The upward momentum of early November in the second half of November remains uncertain as there are signs of an increase in th…

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Tankers: Remarkable rise of rates and tonne days growth with the onset of Middle East geopolitical crisis

The crude freight market gained momentum in early November due to the ongoing crisis in the Middle East. The VLCC segment has seen significant activity, but the Suezmax and Aframax segments have experienced even more growth compared to their levels at …

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EU what? A simple guide to the EU ETS, its impacts, and what action you can take to manage risk and reduce costs

Jacob Clausen, Performance Director, NAVTOR, simplifies the complexities of the EU Emissions Trading Scheme (ETS) with a high-level look at the regulatory horizon, allied to a clear lowdown on how shipowners and operators can mitigate risks, manage cos…

EU what? A simple guide to the EU ETS, its impacts, and what action you can take to manage risk and reduce costs Read More »